| EDZ latest price $13.4100 (-3.53%) ($13.1800 - $13.6600) on Wed. Apr. 27, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.32% (three month average) |
RSI | 82 |
Latest Price | $13.4100(-3.53%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDZ advances 2.5% a day on average for past five trading days. |
Weekly Trend | EDZ advances 10.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support EDZ advance at 0% a week (0% probability) UUP(37%) VIXM(35%) VXX(8%) TBT(2%) TLT(-3%) |
Factors Impacting EDZ price | EDZ will decline at least -2.66% in a week (0% probabilities). EEM(-99%) MCHI(-89%) FXI(-88%) KWEB(-84%) EWY(-84%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.66% (StdDev 5.32%) |
Hourly BBV | -0.3 () |
Intraday Trend | -1.3% |
| |
|
|